41% growth in Abu Dhabi’s exports in 3 months

Media In – Abu Dhabi 6 December 2018 /
The total value of Abu Dhabi’s total exports reached AED 13.4 billion during the third quarter of 2018, an increase of 41% compared to AED 9.5 billion during the same period of 2017.
The increase in the value of exports came with the support of the business sector, which had a value of AED 3.7 billion, an increase of 39.9% year-on-year.
The growth rate of total exports also increased by 13.3% during the third quarter of 2018 as a result of the increase in the total value of exports by 1.6 billion dirhams compared with the second quarter of 2018.
The total value of imports reached AED 28.8 billion during the third quarter of 2018, an increase of 10.2% compared to AED 26.2 billion during the same period of 2017.
On a quarterly basis, the growth rate of imports declined by 5% during the third quarter of 2018 as a result of the drop in the total value of goods received by about 1.5 billion dirhams than in the second quarter of 2017.
“Pearls, precious or semi-precious stones, imitation jewelery”, “vehicles, aircraft, ships and similar transport equipment”, “live animals and animal products” accounted for 96.6% of total retail sector exports, Aircraft, ships and similar transport equipment “,” live animals and products of the animal kingdom “and” textile materials and articles thereof “by 68.4% of the total imports of the personnel sector.
Figures from the Abu Dhabi Statistics Center showed that the three most influential goods in the total value of total business exports were “vehicles, aircraft, ships and similar transport equipment”, “base metals and articles thereof”, “plastics and articles thereof, rubber and articles thereof” Goods, vehicles, airplanes, vessels and similar transport equipment, and electrical machinery, sound recording and broadcasting equipment and accessories, and 64.1% of the total imports for the same sector.